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This includes Beales’ flagship store and many other significant locations. Beales ‘closing down sale’ while administrators say it’s business as usual, Beales latest: store group goes into administration with 23 shops at risk. A week ago, it was announced that a buyer for the beleaguered group could not be found and the 23 stores would be placed into administration. Beales department store in Perth will be closed down, it has been confirmed. Employees across Beales stores … Beales has announced 12 store closures following the department store’s collapse into administration earlier this month. Wisbech Debt Management Companies Closed Down. Garage Door Won T Stay Closed Down. 12 Beales stores are set to close – after talks to rescue the business collapsed. The Bedford branch of Beales is advertising its closing down sale, despite assurances from the administrator that the store will continue to trade while they seek to sell the business. LOCATION. ... Bedford Bournemouth Other stores confirmed for closure include the brand’s flagship property in Bournemouth. Do Closing Costs Include Down Payment . Beales reopens website with closing down sale. HOURS. Beales is one of the UK's leading department store chains. Weds - Thurs: 4pm - 9pm. It has been confirmed today that the Bedford branch of Beales will close within eight weeks, despite the joint administrators saying that they are still in discussions with interested parties regarding the sale of the remaining stores. [19] On 18 February it was announced that, although negotiations with a number of parties were continuing, the remaining 11 stores would close within the following 8 weeks selling their remaining stock. It added that the remaining stores are expected to trade for around eight weeks while closing down sales take place. The former Westgate department store, Lowestoft. read all about it. “There is currently no intention to implement closure plans for the remaining 11 stores, which will all continue to operate as usual until an outcome with regards to a sale of the business is clarified.”. Closure looms for Beales stores as no buyer emerges. “Employees across these stores will be retained to assist with trading over the weeks ahead, and the joint administrators and their teams will continue to work closely with staff during this period. It is anticipated that the stores will run closing-down sales for around eight weeks. A statement from the joint administrators, KPMG, said, “It is anticipated that these stores will continue to trade, running closing down sales for around eight weeks. 510 Grove Street, Bedford, VA, 24523, United States. The 139-year-old retailer went into administration last month and soon after announced plans to close 12 of its 23 shops. Beales began trading in Bournemouth in 1881 but is now at risk of going bust Over the last 20 years, a lot of the things we had, that we depended on, have disappeared." We cannot comment at this moment in time around potential timings, but we will of course keep you posted over the coming days and weeks with regards to any updates.”. Administrators at KPMG said they are continuing discussions with "a number of interested parties" over a sale. On 7 February 2020, it was announced that Beales was closing 12 stores, due to failure to sell the chain as a whole. Worthing Fha Loan Down Payment And Closing Costs . Based, Poole Dorset, Beales Department Store offer fast delivery across all departments. Beales put 1300 jobs at risk after collapsing into administration this week. Administrators at collapsed department store chain Beales have decided to close the final remaining 11 stores on Thursday, two weeks earlier than previously planned, due to the coronavirus outbreak. Beales Department Stores in St Neots These are all the Beales stores that could be closing: - Beccles - Bedford - Bournemouth - Chipping Norton - Diss ‘Closing Down’ signs have been removed from the windows of Beales stores following a complaint from two Scottish politicians. It added that the remaining stores are expected to trade for around eight weeks while closing down sales take place. Bournemouth Beales reported increased losses of £3.1 million in 2019 and failed to secure rent reductions to cut its costs, or find a buyer to rescue the business. We make beer in Bedford, Virginia. ... has reopened its website this afternoon with an advert for a closing down sale in branches. Keighley It has been confirmed today that the Bedford branch of Beales will close within eight weeks, despite the joint administrators saying that they are still in discussions with interested parties regarding the sale of the remaining stores. It is thought stores will continue trading for around two months while closing down sales take place, with staff being retained. 510 Grove St. Bedford, VA 24523. Beales Bedford could be closing as chain at risk of collapse. As no offers have been received in respect of selling all 23 stores as a going concern, the joint administrators are now in the process of developing plans with store directors and management teams to implement the closure of 12 stores – including the Silver Street store. The final 11 Beales department stores are set to shut, putting hundreds of jobs at risk. The final 11 Beales department stores are set to shut, putting hundreds of jobs at risk. Beales has gone into administration (Image: PA). Have fun, find us in rva. Read: Beales latest: store group goes into administration with 23 shops at risk. “However, if a sale of the business ultimately proves unsuccessful, the store will close. Tonbridge You may also want to watch: Employees across Beales stores will be … Back To Top. Beales in Bedford confirmed among 12 stores to close. 2020-02-19T07:19:00Z. The administrators said stores earmarked for closure would continue to trade, with closing-down sales for about eight weeks. Beales to close its final stores after sliding into administration. Closed Down Business For Sale Beales’ press office was not able to comment. We pride ourselves on bringing you the very best products from the biggest brands at prices you'll love. Beales department store goes into administration closing 22 branches and putting more than 1,000 jobs at risk. For more information visit us at www.Beales.co.uk Beales is set to close its remaining 11 stores, after no “deliverable offers” have been received. The 59-year-old says: "It seems to be the pattern of Bedford that it's closing down bit by bit. A sleepy town with secret treasures. Yeovil. You just discovered one of them. 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